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Guotai Junan leads $200m funding in Sequoia-backed truck startup PlusAI

Guotai Junan leads $200m funding in Sequoia-backed truck startup PlusAI February 18, 2021 Chinese self-driving truck startup PlusAI, Inc., has raked in $200 million in a new funding round to accelerate its global expansion plans. An earlier Bloomberg report in August 2019 had pegged the valuation of PlusAI at over $1 billion. The round has been led by Guotai Junan International Holdings, with participation from new investors namely CITIC Private Equity Funds Management (CPE) and Wanxiang Intern...
David Liu Truck Alliance Plusai Inc Guotai Junan International Holdings Mayfield Fund Wanxiang International Investment

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